Course Code & Number
BA 471
Course Title
Cost Benefit Analysis
Level
BS
Credit Hours/ ECTS Credits
(3+0+0) 3 TEDU Credits, 6 ECTS Credits
Year of Study:
Senior
Semester:
Fall
Type of Course:
Elective
Mode of Delivery:
Face-to-face
Language of Instruction:
English
Pre-requisite / Co-requisite:
Pre-requisites: BA 303
Co-requisites: NONE
Catalog Description
Valuing benefits and costs in markets. Discounting benefits and costs. Expected values. Sensitivity analysis. Many real life examples and cases.
Course Objectives
The main objective of this course is to build a foundation of cost-benefit analysis and its use to solve real-life managerial problems.
Course Learning Outcomes
Upon succesful completion of this course, a student will be able to
1. Discover cost-benefit analysis and its use for managerial problems
2. Recognize the importance of financial analysis to solve business problems
3. Identify managerial decision making and decision support tools
4. Realize approaches to deal with uncertainty
5. Discuss the role of information systems for competitive advantage
Recommended Reading
1. A Guide to Benefit-Cost Analysis, E.M. Gramlich, 2nd edition, Waveland Press, 1997.